BSE Bachelor of Science in Engineering Management: Operations and Supply Chain 5

Question 1

Which performance metric measures the total time from when a customer places an order to when the order is delivered?

Accepted Answer

Order-to-delivery lead time

Answer

Order-to-delivery lead time (also called order fulfillment lead time) spans the complete customer-facing window from order placement to receipt.

Question 2

A manufacturer's takt time is calculated as:

Accepted Answer

Total available production time divided by customer demand rate

Answer

Takt time = (Available production time per period) / (Customer demand per period), setting the production heartbeat needed to meet demand.

Question 3

Sustainable supply chain management (SSCM) integrates which three dimensions into supply chain decisions?

Accepted Answer

Environmental, social, and economic (triple bottom line)

Answer

SSCM explicitly balances environmental stewardship, social responsibility, and economic performance—the triple bottom line—across the supply network.

Question 4

In a regression-based demand forecast, an R² value of 0.92 indicates that:

Accepted Answer

92% of demand variability is explained by the independent variable(s)

Answer

R² (coefficient of determination) measures the proportion of variance in the dependent variable explained by the model's independent variables.

Question 5

Which sourcing strategy involves a buyer and supplier sharing cost, risk, and benefit information openly to jointly reduce total supply chain cost?

Accepted Answer

Open-book costing (collaborative cost management)

Answer

Open-book costing requires the supplier to share detailed cost breakdowns, enabling joint improvement efforts that benefit both parties.

BSE - Mgt Bachelor of Science in Engineering Management Practice Test